Buy TATACONSUM for a short term target of 611 for the week. It is currently testing a small resistance at 600 level. A break of this resistance will take the script to its next target Target 1: 611 Target 2: 635 Target 3: 660 Target 4: 700 Tata Consumer is on a buying spree to become a leader in direct to consumer section in both FMCG and Pharma sector. The acquisition of Big basket and 1MG amongst other consumer product companies will put Tata Consumers in the driver's seat. Invest for a long term return. Keep a 1 to 2 years view on the script for 2 to 4 times return.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.